Animal Disease Pre-Event Preparedness versus Post-Event Response: When Is It Economic to Protect? Academic Article uri icon

abstract

  • We examine the economic tradeoff between the costs of pre-event preparedness and post-event response to the potential introduction of an infectious animal disease. In a simplified case study setting, we examine the conditions for optimality of an enhanced pre-event detection system considering various characteristics of a potential infectious cattle disease outbreak, costs of program implementation, severity of the disease outbreak, and relative effectiveness of postevent response actions. We show that the decision to invest in pre-event preparedness activities depends on such factors as probability of disease introduction, disease spread rate, relative costs, ancillary benefits, and effectiveness of mitigation strategies.

published proceedings

  • Journal of Agricultural and Applied Economics

author list (cited authors)

  • Elbakidze, L., & McCarl, B. A.

citation count

  • 14

complete list of authors

  • Elbakidze, Levan||McCarl, Bruce A

publication date

  • August 2006